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Delayed publication of aluminium diecasting scrap/ingot UK
The publication of Fastmarkets’ price assessments of both aluminium scrap LM24 pressure diecasting ingot and aluminium scrap LM6/LM25 gravity diecasting ingot, delivered consumer UK, as well as other UK aluminium scrap grades for Wednesday November 1 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
November 1, 2023
·
By Ross Yeo
Insights
Aluminium prices bullish outlook, will it last into 2024?
The aluminium market is experiencing a bullish sentiment, with rising prices. As we reach the end of the financial year, aluminium buyers are left wondering if this trend will last
October 12, 2023
·
By the Fastmarkets team
Insights
LME trialing VWAP expansion ahead of January launch, CEO says: LME Week | Hotter Commodities
The London Metal Exchange (LME) is trialing the expansion of its closing price methodology across five of its base metals contracts ahead of launching next year, the exchange’s chief executive officer told Fastmarkets
October 9, 2023
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By Andrea Hotter
Insights
Weak demand across global base metal markets as LME warehouse stocks continue to climb: LME Week
Rising base metal stock levels on the London Metal Exchange continue to highlight a poor physical demand environment, with the anticipated return in global demand remaining a key talking point ahead of LME Week, participants told Fastmarkets on Friday October 6
October 9, 2023
·
By the Fastmarkets team, Imogen Dudman, Albert MacKenzie, Josh Fulton, Laura Roberts
Insights
Struggling German economy weighs on base metals markets: LME Week
European industrial production is struggling due to high interest rates, rising energy costs and inflation, but with the German economy hit particularly hard, market participants in the base metals sector are worried that the EU powerhouse might fall into a recession
October 9, 2023
·
By the Fastmarkets team, Carrie Bone, Josh Fulton, Laura Roberts
Insights
Open consultation on IOSCO-audited non-ferrous price assessments, indices
Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments and indices, as part of its announced annual methodology review process.
October 5, 2023
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By Juliet Walsh, Fleur Ritzema
Insights
Chinese aluminium premiums steady despite open arb window; Rotterdam premiums hit new 2023 lows
Aluminium premiums in Asia and the United States were little changed in the week to Tuesday September 26, while premiums in Europe declined across the board
September 27, 2023
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By the Fastmarkets team, Ruby Liu, Imogen Dudman, Yasemin Esmen, Chay Chye Leng
Insights
China encourages increased use of ‘green’ aluminium foil in food packaging
China’s aluminium industry can expect to see growing demand from the downstream packaging sector, Fastmarkets understands, after the government proposed to speed up the use of aluminium foil in food packaging
September 26, 2023
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By Ruby Liu
Insights
Spectro Alloys boosts capabilities with recycling expansion project
Spectro Alloys has unveiled a $71 million recycling expansion plan geared at enhancing its aluminium sorting and melting capabilities for sheet and billet casting amid subdued market conditions
September 22, 2023
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By Geoff Mattson
Insights
Six things we learned at the International Aluminium conference 2023
Key talking points at Fastmarkets’ International Aluminium conference in Barcelona, Spain, on September 12-14
September 20, 2023
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By Carrie Bone, Imogen Dudman
Insights
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